Lincoln County Fair INC EIN 43-1157336

Lincoln County Fair INC

EIN  43-1157336 Public charity (501(c)(3)) Troy, MO
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 9/3/26 · see original filing: IRS
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Size
$1–10M
What they do
Sponsors livestock sales and fairs for local youth.
Leadership
Eric Scott · Chairman
Money in and out
$2.3M revenue, $2.0M expenses
Bottom line
100% program efficiency

Sponsors livestock sales and fairs for local youth. For fiscal year 2024 it reported $2.3M in revenue, $2.0M in expenses, and $2.0M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$2.3M
Pt VIII · Ln 12
Total expenses
$2.0M
Pt IX · Ln 25
Net assets
$2.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $319K
Where spending went · Part IX cols B–D
Program services $1.00 Management & general $0.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
6.9mo
months of highly liquid reserves at operating expense rate▲ +19% vs prior filing year
Surplus margin
+14%
revenue over expenses, this year▲ +25% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$2.3M
FY2024▲ +17%
Expenses
$2.0M
FY2024▲ +14%
Total assets
$2.0M
FY2024▲ +19%
Total liabilities
$0
FY2024
Total revenue
$2.3M
Pt VIII · Ln 12
Total expenses
$2.0M
Pt IX · Ln 25
Net assets
$2.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$319K
Total assetsPt X · Ln 16$2.0M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 324
Independent voting membersPt I · Ln 424
Mission & Programs · Part III

Where the work happens

1 program service account for $2.0M of program spending, described in the organization's own filed words · FY2024.
01

Sponsor carnival & various events at county fairgrounds for the community

$2.0Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLincoln County Fair INC
EINHdr · item D43-1157336
Principal addressHdr · item CTroy, MO
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N52Z)
Ruling yearIRS BMFMar 1984

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a24
Independent voting membersPt VI · Ln 1b24
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chairman
$0Pt VII · Sec A
Co-Chairman
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$2.2M · 96%
Other revenue$42K · 2%
Contributions & grants$26K · 1%
Investment income$29K · 1%
Program service revenue96%$2.2M
Other revenue2%$42K
Contributions & grants1%$26K
Investment income1%$29K
Total revenueLn 12$2.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Management & general $0.00
Program services100%$2.0M
Management & general$4K
Total functional expensesLn 25$2.0M

Balance Sheet

Part X · end of year
CashLn 1$1.1M
Total assetsLn 16$2.0M
Total liabilitiesLn 26$0
Total net assetsLn 32$2.0M
Months of cash on handcomputed6.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.1M · Operating expenses/yr $2.0M
6.9 months
Where the money goes
Program services
Program services $2.0M · Total expenses $2.0M
100%
Management & General
Management & general $4K · Total expenses $2.0M
0%
Fundraising
Fundraising $0 · Total expenses $2.0M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $14K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $26K · Total revenue $2.3M
1%
Government reliance
Government grants — · Total revenue $2.3M
Earned-income share
Program service revenue $2.2M · Total revenue $2.3M
96%
Investment reliance
Investment income $29K · Total revenue $2.3M
+1%
Program self-sufficiency
Program service revenue $2.2M · Total expenses $2.0M
111%
Growth & trend
Revenue growth (YoY)
This year $2.3M · Prior year $1.9M
+17%
Revenue CAGR
FY2020 $126K · FY2024 $2.3M
+106%
Net-asset trend (YoY)
End of year $2.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.3M · Expenses $2.0M
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $2.0M
Net-asset ratio
Net assets $2.0M · Total assets $2.0M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.0M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Eric Scott · Reported title CHAIRMAN · Highest reported compensation $0 · Total expenses $2.0M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $2.0M
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 17%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$2.3M revenue · viewing · ⤓ 990 PDF
FY2023$1.9M revenue · ⤓ 990 PDF
FY2022$1.7M revenue · ⤓ 990 PDF
FY2021$1.3M revenue · ⤓ 990 PDF
FY2020$126K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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